Traditional toy sales inch up in 2006
- Share via
The nation’s toy industry -- which has struggled as children grow out of toys faster and prefer gadgets such as iPods -- is showing some signs of revival.
Traditional toy sales, which exclude video game consoles and related items, eked out a 0.3% rise to $22.3 billion last year compared with a revised $22.2 billion in 2005 and $22.7 billion in 2004, according to market researcher NPD Group Inc.
The improved results are due to the concerted efforts by toy companies to woo children back to the toy aisles with products that incorporate technology.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.